CEO Smulyan gets OK to take Emmis private
Emmis Communications Corp. agreed to be acquired for about $90 million by closely held JS Acquisition LLC, a company formed
by Emmis CEO Jeff Smulyan.
Emmis Communications
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Sports talk host JMV lands at Emmis station
JMV’s new show, “The Ride,” will run weekdays from 3 p.m. to 7 p.m starting Monday.
Shareholders sue to block deal to take Emmis private
The lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation
on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.
Emmis finds loophole for board on Smulyan buyout
State law normally requires board approval for buyouts. But the language cited in the letter of intent provides an exception
for conflicts of interest or special circumstances.
UPDATE: Emmis takeover deal unlikely to hit turbulence
A big Emmis Communications Corp. shareholder believes the $90 million deal CEO Jeff Smulyan unveiled Monday morning to
take the company private is unlikely to get derailed—even though it’s worth far less than a takeover offer Smulyan
failed to get through his board four years ago.
Emmis chief looks to take company private
JS Acquisition Inc., the company Emmis CEO Jeff Smulyan has established to complete the acquisition, would purchase all shares
of publicly traded Emmis for about $90 million, according to Monday morning’s announcement.
Future of Brizzi radio show up in the air
Marion County prosecutor Carl Brizzi has not hosted “Crime Watch” on WIBC in three weeks, due to a scheduled break. But station
officials want him
to address accusations on air if he is to continue the show.
Missed payments force Emmis to add independent directors
Preferred stockholders, owed about $14 million after six consecutive quarters of missed dividends, will elect two new members
to media firm’s board at its July 14th annual meeting.
Columnist Kravitz dropped from radio show
Sports columnist Bob Kravitz made his final appearance on The Fan’s afternoon radio show on Monday. Emmis Communications Corp.
executives said the decision was based, in part, on the show’s “financial performance.”
On-air roster changes afoot at Emmis stations
Emmis Communications Corp. is shuffling several prominent on-air personalities at its Indianapolis radio stations' beginning
Monday.The moves involve Big Joe Staysniak and Steve Simpson of WIBC, Ed Wenck of WLHK and
Dan Dakich of WFNI.
One exec pays off risky loan, another pays a big price
Emmis’ Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.
Hungarian court’s decision favors Emmis
The court on Tuesday ruled in favor of Emmis in its bid to get a popular radio station it operates in Hungary back on the air.
Emmis 3Q revenue declines, but company still posts profit
Indianapolis-based Emmis Communications Corp. reported lower revenue during its fiscal third quarter, but still managed a
small profit.
Emmis sees third-quarter revenue decline
Indianapolis-based Emmis Communications Corp.’s revenue dropped, but the radio and publishing company still posted a profit
during its third fiscal quarter.
Hungarian court decision could favor Emmis station
A Hungary radio station operated by Emmis until late last year might broadcast again following a court decision.
Smulyan signs new contract to lead Emmis
Jeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
Radio giant Citadel files for bankruptcy protection
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.
Emmis loses license to operate Hungarian station
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
Bob & Tom keep Q95 on a roll even as classic-rock format shows age
Q95’s Tom Griswold and Bob Kevoian have maintained their lofty ratings, keeping the Clear Channel Radio station near the top
of the Indianapolis radio market.
Book will be tribute to late Emmis executive Tom Severino
Former Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president
and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.